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Details profit and loss allocations, cash distribution rules, liquidation distributions, and substantial economic effect. 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.......................................................................................................... 1  \nARTICLE II PARTNERSHIP CONTINUATION AND IDENTIFICATION ............................ 9  \n2.01 Name, Office and Registered Agent ....................................................................... 9  \n2.02 Partners ................................................................................................................... 9  \n2.03 Terms and Dissolution ............................................................................................ 9  \n2.04 Filing of Certificate and Perfection of Limited Partnership................................. 10  \n2.05 Certificates Describing Partnership Units and Special Limited Partnership Units...................................................................................................................... 10  \nARTICLE III BUSINESS OF THE PARTNERSHIP ................................................................ 11  \nARTICLE IV CAPITAL CONTRIBUTIONS AND ACCOUNTS............................................ 11  \n4.01 Capital Contributions............................................................................................ 11  \n4.02 Additional Capital Contributions and Issuances of Additional Partnership Interest................................................................................................................... 11  \n4.03 Additional Funding............................................................................................... 12  \n4.04 Capital Accounts................................................................................................... 12  \n4.05 Percentage Interests.............................................................................................. 13  \n4.06 No Interest on Contributions................................................................................. 13  \n4.07 Return of Capital Contributions............................................................................ 13  \n4.08 No Third Party Beneficiary................................................................................... 13  \nARTICLE V PROFITS AND LOSSES; DISTRIBUTIONS ...................................................... 14  \n5.01 Allocation of Profit and Loss ................................................................................ 14  \n5.02 Distribution of Cash .............................................................................................. 16  \n5.03 Trust Distribution Requirements........................................................................... 16  \n5.04 No Right to Distributions in Kind......................................................................... 16  \n5.05 Limitations on Return of Capital Contributions................................................... 16  \n5.06 Distributions Upon Liquidation ............................................................................ 16  \n5.07 Substantial Economic Effect................................................................................. 17  \nARTICLE VI RIGHTS, OBLIGATIONS AND POWERS OF THE GENERAL PARTNER ........................................................................................................................ 17  \n6.01 Management of the Partnership ............................................................................ 17  \n6.02 Delegation of Authority........................................................................................ 20  \n6.03 Indemnification and Exculpation of Indemnitees ................................................. 20  \n6.04 Liability of the General Partner ............................................................................ 21  \n6.05 Reimbursement................................","cbCaic3XuFx65abx","https://ap.wps.com/l/cbCaic3XuFx65abx","pdf",232829,45,"English","# ARTICLE I DEFINITIONS\n# ARTICLE II PARTNERSHIP CONTINUATION AND IDENTIFICATION\n## 2.01 Name, Office and Registered Agent\n## 2.02 Partners\n## 2.03 Terms and Dissolution\n## 2.04 Filing of Certificate and Perfection of Limited Partnership\n## 2.05 Certificates Describing Partnership Units and Special Limited Partnership Units\n# ARTICLE III BUSINESS OF THE PARTNERSHIP\n# ARTICLE IV CAPITAL CONTRIBUTIONS AND ACCOUNTS\n## 4.01 Capital Contributions\n## 4.02 Additional Capital Contributions and Issuances of Additional Partnership Interest\n## 4.03 Additional Funding\n## 4.04 Capital Accounts\n## 4.05 Percentage Interests\n## 4.06 No Interest on Contributions\n## 4.07 Return of Capital Contributions\n## 4.08 No Third Party Beneficiary\n# ARTICLE V PROFITS AND LOSSES; DISTRIBUTIONS\n## 5.01 Allocation of Profit and Loss\n## 5.02 Distribution of Cash\n## 5.03 Trust Distribution Requirements\n## 5.04 No Right to Distributions in Kind\n## 5.05 Limitations on Return of Capital Contributions\n## 5.06 Distributions Upon Liquidation\n## 5.07 Substantial Economic Effect\n# ARTICLE VI RIGHTS, OBLIGATIONS AND POWERS OF THE GENERAL PARTNER\n## 6.01 Management of the Partnership\n## 6.02 Delegation of Authority\n## 6.03 Indemnification and Exculpation of Indemnitees\n## 6.04 Liability of the General Partner\n## 6.05 Reimbursement\n## 6.06 Outside Activities\n## 6.07 Conflicts of Interest and Investment Restrictions\n## 6.08 General Partner Participation\n## 6.09 Title to Partner Participation\n# ARTICLE VII CHANGES IN GENERAL PARTNER\n## 7.01 Transfer of the General Partner’s Partnership Interest\n## 7.02 Admission of a Substitute or Additional General Partner\n## 7.03 Effect of Bankruptcy, Withdrawal, Death or Dissolution of a General Partner\n## 7.04 Removal of a General Partner\n# ARTICLE VIII RIGHT AND OBLIGATIONS OF THE LIMITED PARTNERS\n## 8.01 Management of the Partnership\n## 8.02 Power of Attorney\n## 8.03 Limitation on Liability of Limited Partners\n## 8.04 Ownership by Limited Partner of Corporate General Partner or Affiliate\n## 8.05 Exchange Right\n## 8.06 Redemption of Special Limited Partnership Units\n## 8.07 Registration","[{\"question\":\"What does the agreement define and cover in Article I?\",\"answer\":\"Article I provides defined terms used throughout the agreement.\"},{\"question\":\"How are capital contributions, capital accounts, and percentage interests handled?\",\"answer\":\"The agreement sets rules for capital contributions, additional funding, tracking in capital accounts, and determining percentage interests, including provisions for no interest and return of contributions under specified limits.\"},{\"question\":\"How are profits, losses, and distributions allocated and made?\",\"answer\":\"The agreement describes how profit and loss are allocated and how cash distributions are made, including requirements tied to trusts, limitations on non-cash distributions, and the treatment of distributions upon liquidation.\"}]","Agreement of Limited Liability Limited Partnership of Sterling Office and Industrial Properties, LLLP - Final | PDF",1789585446]